Wednesday, December 5, 2012

CEO Voice Pitch–Deeper Voice; deeper pockets

From Turnkey Analyst:
Just when you thought academics were not wasting their time doing incredibly useless research, along comes this intriguing research:
Voice Pitch Predicts Labor Market Success among Male Chief Executive Officers

by William Mayew and Mohan Venkatachalam
Paper link
A deep voice is evolutionarily advantageous for males, but does it confer benefit in competition for leadership positions? We study a large sample of male public-company Chief Executive Officers (CEOs) and find that CEOs with deeper voices manage larger companies, and as a result, make more money. A 1% decrease in voice pitch is associated with a $30 million increase in the size of the firm managed, and in turn, $19 thousand more in annual compensation. 

Barry White: Predicted to be the richest man in the world